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Technology Stocks : ATML's future
ATML 8.1400.0%Apr 12 5:00 PM EST
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To: TEColeman who wrote (26)3/8/1997 3:17:00 PM
From: andy kelly   of 195
 
TEC

Thanks for your response. Do you find their prices are competitive?

I saw an EPS estimate of $1.75 for '97. I think most analysts tend to be too optimistic, especially when downgrading, so I would guess $1.50 would be more like it. Give that a multiple of 15 and I get a price of $22.50. If it hits that, I will be a buyer.
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